Business News

Pope Benedict has urged G8 nations to boost development aid to Africa and the world's poorest countries in spite of the financial crisis.

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The Northern Territory Opposition tourism spokesman says the latest tourism figures show the Government has failed in its bid to attract national and international tourists.

New figures reveal the number of bankruptcies in Western Australia has been rising at a greater rate than in any other state.

Nigeria, Algeria and Niger have signed an agreement to build one of the world's largest pipelines across the Sahara desert.

The Government has revealed it actually spent more than one million dollars on a promotional campaign that has been shelved.

Air Services Australia and Perth Airport management have met to discuss complaints about an increase in flights over Perth's hills.

Deep job losses in the US in June had global markets retreating and many economists saying 'I told you so'.

Tour Down Under cycling organisers say stage one will start in Clare for the first time.

The Australian share market has fallen, but not as hard as Wall Street overnight.

The airline industry may be on its knees worldwide, but it seems there has never been a better time to fly.

The Australian Trucking Association has welcomed a decision to set up a national trucking regulatory body, but it is concerned it could mean increased freight costs.

The former Myer department store site in central Hobart is to be sold.

Lateline Business presenter Ali Moore talks with Optus and a telecommunications analyst about the best structure for the national broadband network.

The Australian share market had eased just over 1 per cent by the middle of the day, a small echo of Wall Street's 2.6 per cent slide.

South Australia's dairy industry is hoping the global financial crisis will ease this year to help boost the price of milk.

The union representing workers at BHP's Leinster operations in Western Australia has welcomed a further investigation into the company's Perseverance mine.

Last month was the third highest month on record for vehicle sales as business buyers got in to claim investment tax breaks.

The Building Services Authority (BSA) says it is not yet clear how many creditors have been affected by the collapse of Hedley Constructions.

Mining billionaire Clive Palmer has bought BHP's Yabulu nickel refinery in Townsville.

The Tasmanian timber company Gunns has made a large investment in its rival, Forest Enterprises Australia.

The chairman of the Manildra Group, Dick Honan, says the Bomaderry ethanol plant will be able to produce half of New South Wales' ethanol needs when a 10 per cent ethanol mandate is implemented.

United States President Barack Obama says it is going to be a long road to recovery on the back of dire unemployment figures.

Federal Government stimulus appears to have helped Australia's services industry expand for the first time in more than a year.

Australian shares have followed Wall Street's weak lead from overnight and are down more than 1.5 per cent in early trade.